Flightstar Aircraft Services, LLC 401(k) Review & Grade
Flightstar Aircraft Services, LLC 401(k)
Jacksonville, FLTransportation & Warehousing706 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,120Employer $ per active participant
$3,783Employee $ saved per active participant
0.41%Direct admin cost, % of plan assets
$17.5MNet plan assets, end of year
$21,605Average balance per account
Score breakdown
- Employer generosity26.2 / 5052th percentile for employer $ per participant
- Low cost7.3 / 2529th percentile for low admin cost vs. same-size plans
- Employee saving9.1 / 1561th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score46 / 100 · Grade C
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 52th |
| Lower admin cost | 29th |
| Employee saving | 61th |
| Peers that auto-enroll | 37% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Flightstar Aircraft Services put in about $1,120 per active participant, more than the typical peer ($1,070). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.41% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $790,983 |
| Participant (employee) contributions | $2,672,987 |
| Other contributions (incl. rollovers in) | $198,560 |
| Administrative expenses paid from the plan | $66,616 |
| Benefits paid out | $2,718,252 |
| Net assets, start / end of year | $14.7M / $17.5M |
| Active participants, start / end of year | 595 / 818 |
| Participants with account balances | 808 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Gerstle, Rosen & Goldenberg, P.A. |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $66,616 reported compensation |
| Morgan Stanley Smith Barney | $43,778 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251204102117NAL0001065187001, received 2025-12-04, EIN 65-0755718, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.